Comments on: B.C. Real Estate Association’s Housing Forecast for 2009 to 2010 http://www.kamloopsrealestateblog.com/bc-real-estate-association-housing-forecast-2009-2010/ Sun, 05 Feb 2012 18:55:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Art http://www.kamloopsrealestateblog.com/bc-real-estate-association-housing-forecast-2009-2010/comment-page-1/#comment-1629 Art Sun, 13 Sep 2009 15:33:30 +0000 http://www.kamloopsrealestateblog.com/?p=3138#comment-1629 MY VIEW AND OPINION ON THE CURRENT MARKET -------------------------------------------------------------- It would take a rocket scientist to learn how and in what direction the real BC housing price is moving. Yes, the facts and data might show some positive signs today, and yet we aren't so sure if this trend will continue over the next few years. I went back on the PLUNGE-O-METER website which Smart home buyers consider a reliable source of information in terms of understanding the housing market situation. Accordingly, the price of a Detach house in BC will be revisited based on the 2005 market value, a very strong indication that the 2009 current home value is just making another headway for a big bang when it reached the resistance level after it reverses the 1st quarter of the year. In other words, the price will make another double dip once it satisfy the correction level (eg. approx. 40-50%). By the way I am a former chart analyst and a market trader. If you have not made any decision yet, I would suggest you visit the PLUNGE-O-METER website for your information. Goodluck. MY VIEW AND OPINION ON THE CURRENT MARKET
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It would take a rocket scientist to learn how and in what direction the real BC housing price is moving. Yes, the facts and data might show some positive signs today, and yet we aren’t so sure if this trend will continue over the next few years. I went back on the PLUNGE-O-METER website which Smart home buyers consider a reliable source of information in terms of understanding the housing market situation. Accordingly, the price of a Detach house in BC will be revisited based on the 2005 market value, a very strong indication that the 2009 current home value is just making another headway for a big bang when it reached the resistance level after it reverses the 1st quarter of the year. In other words, the price will make another double dip once it satisfy the correction level (eg. approx. 40-50%). By the way I am a former chart analyst and a market trader. If you have not made any decision yet, I would suggest you visit the PLUNGE-O-METER website for your information. Goodluck.

]]> By: Vancouver Agent http://www.kamloopsrealestateblog.com/bc-real-estate-association-housing-forecast-2009-2010/comment-page-1/#comment-1616 Vancouver Agent Tue, 14 Jul 2009 19:27:02 +0000 http://www.kamloopsrealestateblog.com/?p=3138#comment-1616 It is a good market to be purchasing your first home, buy now before the prices go back up! Be quick people, we have already hit bottom and these prices won't last long. Only problem is those bidding wars, that's a real pain at the moment! Some homes are priced to sell are they? No, not really, "they are priced to get lots of attention", and that they do! Be smart if you are a first time home buyer and don't be forced into spending too much, bargains can be had still. It is a good market to be purchasing your first home, buy now before the prices go back up! Be quick people, we have already hit bottom and these prices won’t last long.

Only problem is those bidding wars, that’s a real pain at the moment!

Some homes are priced to sell are they? No, not really, “they are priced to get lots of attention”, and that they do!

Be smart if you are a first time home buyer and don’t be forced into spending too much, bargains can be had still.

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